Are EFT's the new Forex?

10 replies
Hi,

I am looking at Exchange Traded Funds, learning about it , could anyone point me in the direction of any paid resources that also offer an affiliate or referral scheme.

Many thx

FYI : What are EFT's ? (Wikipedia)
#eft #forex
  • Profile picture of the author TheRichLife
    Forex, options, and futures all hold that sexy "you can get rich overnight with very little start up capital" appeal. From an IM standpoint, I don't see how you could get that same sizzle out of ETFs, unless you're talking about trading options on ETFs.
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  • Profile picture of the author XRay
    Originally Posted by TPFLegionaire View Post

    Hi,

    I am looking at Exchange Traded Funds, learning about it , could anyone point me in the direction of any paid resources that also offer an affiliate or referral scheme.

    Many thx

    FYI : What are EFT's ? (Wikipedia)

    I can't point you to any specific affiliate programs, but your best opportunities are going to be in products that teach/train trading or investment strategy.
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    • Profile picture of the author BTCollins
      It looks to me like EFTs are still pretty new. There might not be any affiliate programs for them yet. I doubt if they will replace forex.
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  • Profile picture of the author michael_nguyen
    nothing more but glamorised gambling
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    • Profile picture of the author TheRichLife
      Originally Posted by michael_nguyen View Post

      nothing more but glamorised gambling
      I would hardly refer to investing in ETFs as gambling. ETFs are mutual funds. There are some riskier ETFs (such as the leveraged ones) but there are also ETFs that own nothing but Treasury bonds.

      If you do your homework, and build a diversified portfolio of ETFs designed to meet your investment goals, you're certainly not gambling.
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    • Profile picture of the author TPFLegionaire
      Thanks for sharing your thoughts on this.

      I have found a high paying affiliate and I am investigating if some of the more traditional financial institutions involved in EFT are willing to pay for leads...

      I have found a great domain related to offering EFT trading courses and have registered it for 10 years.

      Now...just need to get some articles and put up a site...

      Be back here in 2019 for full results and WSO !

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  • Profile picture of the author jasonl70
    ETF trading won't have the same sort of 'get rich quickly' type of appeal as futures, options or forex because they do not have the leverage. They are pretty much just like trading a stock, but they mimic the price movements of an entire index.
    Now, options on SPY on QQQQ can give the leverage, but as someone who used to make a living trading options online, they simply did not have enough intraday movement (volatilty) when compared to everything else.
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    -Jason

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  • Profile picture of the author tradermike2008
    There are now double and triple leverage ETF's they move enough every day to intince the gamblers into them. I'm sure you could get the same type of people suckered into these FOREX programs to get into trading leverage ETF's. Read an article the other week how less people are trading individual stocks since the March low in the stock market - despite the MArch low - and are going into forex and ETF trading. It is a hotter area than you realize and very few real marketers are in it. I'n not really interested myself in catering to those type of people.
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  • Profile picture of the author 04real
    I trade ETFs. Mostly oil and market indices. I remember getting an offer from something called... Tycoon University... or something along those lines.

    ETF is not as mainstream as Forex as far as information products are concerned, or at least from what I'm seeing so far. So you may not find as many products about trading ETFs as you will about Forex or trading stocks for that matter.

    Trading ETFs is far from "glamourized gambling" especially if you know what you're doing. Gambling is based purely on luck and sometimes on the sheer thrill of the game. When you're trading with a significant amount of money, the last thing you want to do is gamble. Anyone who likens trading to gambling isn't a real trader and hasn't experienced what it is like to profit from making intelligent trades.

    I use my own 'system' and started when markets plunged in 2008. You can be successful in trading ETFs if you know what factors affect the market and if you have contingency plans -- i.e. you need to know what to do when you're profitable, and what to do if you're at a loss. Anyone planning to get into trading ETFs without a strategy or contingency plans might as well gamble away their money. It's just like any business -- if you enter a business not knowing what factors will affect your chances of becoming successful, you're pretty much gambling. You'll either be lucky and do really well, or you'll go for broke.

    I actually publish an ETF blog where I share all of the trades I make. It's absolutely free to read and I do it just to share my ideas and hopefully get feedback from other ETF traders who are willing to share ideas and strategies. No, I don't sell my trading system (but maybe I'll put something together down the road). PM me if you want me to send you the link.


    JP
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